The supplied illustration of the bar chart delineates the amount of money spent by families in one country on their weekly earning on eight essential goods such as food, housing, fuel and power, clothing and footwear, household goods, personal goods, transport and leisure in 1968 and 2018. Weekly income is measured in percentage.
Overall, it is obvious that families spend most of their money on food in 1968 however, over 50 years leisure became more essential in 2018. As can be seen, the lowest demand was for fuel and power in both years. The most considerable difference in money spent by families was food.
It is conspicuous that families spendings make up maximum proportion, it was 35% their weekly income on food, whereas the fuel power was the least important good that was expended about 6% in 1968. As is predicted household goods, personal goods and transport had the same proportion, above 7%, similarly, housing, clothing and footwear incomes were 10% of weekly income.
We can see that in 2018 the maximum percentage which was spent by families in one country was leisure. Leisure make up roughly 23% of weekly incomes. It is obvious that food’s proportion decreased from 35% to about 17% in 1968 and 2018. The same thing with clothing and footwear was over double the percentage of incomes, from 10% to 5% in 1968 and 2018. While households didn’t change its weekly income over 50 years. The most significant difference in expenditure in 1968 and 2018 was leisure and food goods.